Suppose you took out an upfront loan of $25,000 that you will pay in yearly installments over a 12 year period. If the interest rate on the loan is 11.5%, use the Excel file below to calculate the following:

Note: provide your answers to two decimal places. Do not include any commas ( , ) or dollar signs ( $ ) in your answers.

The annuity repayment amount repaid each year for the life of the loan = $

The amount of interest paid in year 10 = $

The total amount paid back to the bank over the life of the loan = $